DELOITTE & TOUCHE TOPS BUSINESSWEEK’S ANNUAL LIST …

[Pages:2]FOR IMMEDIATE RELEASE

DELOITTE & TOUCHE TOPS BUSINESSWEEK'S ANNUAL LIST OF "BEST PLACES TO LAUNCH A CAREER"

New York, New York, September 3, 2009-- The big four accounting firms once again dominate BusinessWeek's fourth annual ranking of the "Best Places to Launch a Career." Deloitte & Touche jumped to the No.1 spot, unseating Ernst & Young who ranked No.2. PricewaterhouseCoopers and KPMG took the third and fourth spot, respectively.

With rich benefits, extensive training programs, and a combined recruiting effort that makes more than 10,000 hires even in a tough year, the Big Four are hard to beat, and Deloitte is harder than most. With substantially higher pay--18% of Deloitte's entry-level hires this year will earn north of $65,000--plus the industry's biggest signing bonuses and most generous time-off policy, it's no wonder Deloitte is a favorite of students and career services directors. It doesn't hurt that Deloitte's entry-level hiring took the smallest hit this year, down just 1.1% in the first half compared with double-digit drops for No.2 Ernst & Young and No.4 KPMG.

To compile this ranking, BusinessWeek polled 60 college career services directors across the country; collected data from a survey of 60,000 U.S. undergrads by Universum USA, a Philadelphia research company; and required employers to submit statistics on everything from pay and benefits to training programs and retention. The number of ranked employers is down sharply this year, owing to our decision to raise the bar on eligibility. And the tougher competition--combined with a handful of new employers and shifts in sentiment among students and career services directors-- resulted in a shakeup in the standings.

Some companies, including No.11 Accenture and No.19 Prudential moved up more than 35 spots, while No.34 Marriott and No.48 Lockheed Martin were down 28 and 40 spots, respectively. Even the top 10 underwent big changes this year. Marriott and Lockheed were out, as was Google, which declined to participate. But three new employers entered the winner's circle. The State Dept. and Teach For America, which places college grads in troubled school districts, are both in the midst of ramped-up recruiting campaigns, while J.P. Morgan, a unit of JPMorgan Chase, reaped a survivor's benefit: It's one of the few big investment banks left standing.

BusinessWeek's "Best Places to Launch a Career" ranking is in the September 14, 2009 issue, on newsstands September 4th. Expanded content is available on , including the full methodology, profiles of each employer, an interactive table, slide shows, and a video roundtable with recruiters.

BusinessWeek's 50 Best Places to Launch a Career

2009 2008 Company

Rank Rank

1

2

Deloitte & Touche

Industry Accounting

2

1

Ernst & Young

3

3

PricewaterhouseCoopers

4

5

KPMG

5

12 U.S. State Dept.

6

4

Goldman Sachs

7

11 Teach for America

8

14 Target

9

10 J.P. Morgan

10 9

IBM

11 47 Accenture

12 24 General Mills

13 15 Abbott Laboratories

14 27 Walt Disney

15 26 Enterprise Rent-a-Car

16 18 General Electric

17 32 Philip Morris USA

18 13 Microsoft

19 59 Prudential

20 36 Intel

21 58 Aflac

22 22 Verizon Communications

23 37 CIA

24 30 Raytheon

25 45 Nestl? USA

26 20 Norfolk Southern

27 NR Hyatt

28 39 Union Pacific

29 34 Northwestern Mutual

30 25 Boeing

31 41 Liberty Mutual

32 43 Travelers

33 28 New York Life

34 6

Marriott International

35 NR Entergy

36 56 Macy's

37 77 Merck

38 38 AT&T

39 61 Wells Fargo

40 50 MetLife

41 NR Johnson & Johnson

42 NR Aramark

43 31 Cisco Systems

44 93 Dell

45 55 Progressive

46 23 Northrop Grumman

47 69 IRS

48 8

Lockheed Martin

49 95 Protiviti

50 94 Kohl's

Contact: Patti Straus--212-512-2680 Heather Carpenter--212-512-2854

Accounting Accounting Accounting Nonprofit/Government Investment Banking Nonprofit/Government Retail Investment Banking Technology Consulting Consumer Products Health Hospitality Transportation Manufacturing Consumer Products Technology Insurance Technology Insurance Utilities Nonprofit/Government Manufacturing Consumer Products Transportation Hospitality Transportation Insurance Manufacturing Insurance Insurance Insurance Hospitality Utilities Retail Health Utilities Financial Services Insurance Health Hospitality Technology Technology Insurance Manufacturing Nonprofit/Government Manufacturing Consulting Retail

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download